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Branch Transformation: Innovating to be Nimble

Banking 2020

Innovation requires understanding your client base and providing differentiated services that clients will find value in. Banks must innovate and be nimble to address emerging client needs in the neighborhoods they serve. As community banks, we must recognize and be responsive to what our clients are demanding of us.

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How will new regulations affect China’s online payments market?

Banking 2020

China has introduced new draft rules that are intended to tighten regulations governing online payments in the country. Therefore, proposals issued by the country’s central bank will aim to add “much-needed safeguards” to tackle these issues, the Wall Street Journal reports. A booming market.

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This Week’s Reads: Digital Banking, Innovation and Payments

Banking 2020

Wall Street banks want robots to do more and more of their business: As technology continues to develop and make its way into the financial services industry, big banks are cutting jobs and expanding their online presence. Will consumers adopt Facebook’s ‘Buy’ button?:

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China key to banking and payments innovation

Banking 2020

Financial services organisations in China are expected to shine a light for the rest of the world when it comes to innovation in the banking sector in the coming years, with the primary drivers being non-traditional companies that are looking to develop new payment solutions and platforms. At the turn of the millennium, just 1.8

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This Week’s Reads: Mobile Biometrics, Online Fraud and Mobile Applications

Banking 2020

Articles via PYMNTS.com, Banking Exchange, Enterprise Innovation. Ho, Ho, Hoax: According to ACI Worldwide, consumers need to brace themselves for a higher level of fraud online and across all channels this holiday season. With mobile payments continuously growing, mobile pay players have a lot more to keep up with.

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Innovation in Digital Banking: There’s no substitute for real-world experience

Banking 2020

Specifically, it taught me about customer empathy and experimentation as two good tools to use in innovation. Personal Innovation: You see, I used to be quite unhealthy, living on a steady diet of junk food matched with no real exercise regimen. It builds on innovation and engages the member more effectively. But it worked.

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What do consumers want from payments?

Banking 2020

Banking innovation takes many forms, but the most successful generally start by addressing a consumer need. Online banking lets people manage accounts without having to visit a branch. Online banking lets people manage accounts without having to visit a branch. Convenience.